Fall in Spanish demand accelerates
Data from Spanish cement association, Oficemen, shows demand in April was 1.8Mt, representing a decrease of 17.5% compared with April 2010 and continues the downward trend in the first months of the year. This is the lowest April data for the last 22 years.
On the other hand, clinker production increased by 1.9% in April, but cement output fell by 9.5%, to 2Mt.
For the rolling year (the last 12 months) a decline in cement production of 6.6% was registered at 26Mt. Demand dropped almost 12% from May 2010 to April 2011 and at 24Mt puts demand at 1994 consumption levels. Exports, however grew by 24.7%, with 3.8Mt, while imports decreased by 37.7%.
Published under Cement News
